asked 86.1k views
1 vote
Do businesses welcome or oppose government intervention? why?

1 Answer

2 votes
Oppose. Generally Government intervention causes the product productivity curve to shift left. This is due to the fact that regulating businesses restricts their ability to use more cost effective methods for production. (However, complete deregulation of business can result in mass environmental damage and can be a contributing factor for the bursting of an economy I.E the Great Depression in the 1920s was due to a lack of regulation.)
answered
User Rorykoehler
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.